Home
Site Map
Contact Us
عربي
Skip Navigation Links

Element

Current quarter

Similar quarter for previous year

% Change Current

Previous quarter

% Change Previous

Net profit (loss)

3,088,299

-3,285,545

-

-5,489,576

-

Gross profit (loss)

10,393,107

3,216,678

223.1

2,557,234

306.42

Operational profit (loss)

2,998,703

-4,918,897

-

-4,923,898

-

 

Element

Current period

similar period for previous year

% Change

Net profit (loss)

-5,636,870

454,118

-

Gross profit (loss)

24,850,341

25,864,128

-3.92

Operational profit (loss)

-4,541,382

-2,203,819

-106.07

Earning or loss per share, Riyals

-0.28

0.02

-

All figures are in Saudi Arabia, Riyals

Element

Explaination

Reasons of increase (decrease) for quarter compared with same quarter last year

the main reason for profit is attributed to the increase in sales value by 68%, compared to the equivalent quarter of last year. This was achieved by upgrading sales network. It was also a result of a decrease in the cost of sales, which was in turn, a result of production increase and of improvement of processing techniques.

Reasons of increase (decrease) for period compared with same period last year

the main reason for losses is attributed to the increase in cost of sales, which was in turn , a result of low sales that was dictated by fierce competition in the market during the first three quarters of the year. Moreover, other revenues were lower by about SR 3,800,000 during the period.

Reasons of increase (decrease) for quarter compared with previous quarter

the main reason for profit is attributed to sales value which was doubled during this quarter, compared to the previous quarter of the same year. Moreover, cost of sales was lower as a result of production increase and of improvement of processing techniques.

Quick Links
Social Media
Our map
Facebook Twitter Instagram LinkedIn